As Paige explains it, there’s a fairly large asterisk. He writes that, if Peyton fails a “neck examination” after the season, the next two years at a total of $40 million “could be voided.”

Which means that, if Peyton simply passes the “neck examination,” he gets another $40 million.

Paige is in the right church, but he’s perched in the wrong pew. As we reported back in March, the Broncos can dump Peyton Manning for any reason and at any time after the 2012 season ends, up until the final day of the 2012 league year, in early March. If they don’t part ways, Peyton will be guaranteed $40 million over the next two seasons. The Broncos will be able to avoid the 2014 salary of $20 million only if he suffers another injury to his neck during the 2013 season.

As a result, the Broncos will be facing a $40 million decision after the season. Which means that Peyton needs to show them enough in 2012 to persuade them to keep him around.

It’s easy to say that there’s no way the Broncos will move on. But here’s the thing to keep in mind: They wanted Peyton in part because only he could give them a permanent solution to the Tebow problem. Even if they don’t keep Peyton beyond the coming season, they’ll never have to bring Tebow back.

Slow news day. Nothing to see here. More mindless speculation by someone who has obviously not watched manning throw in camp or preseason. He looks fine, and will get even better as the season progresses. He has shown that he can make all of the throws required by an nfl quarterback but has been hurt by a TON of dropped passes this preseason.

Peyton will be good enough to make sure they don’t have a high enough draft pick to replace him.

Then it’s a question of how many draft picks are worth Peyton’s Salary over the next 2 years?

Would a rookie win you as many games? Probably not, but then again will Peyton win you a Super bowl? This is nothing more than retirement money for Peyton; and a band aid for the Bronco’s……..who had their front office hijacked by Tebow Fever.

“If they don’t part ways, Peyton will be guaranteed $40 million over the next two seasons. The Broncos will be able to avoid the 2014 salary of $20 million only if he suffers another injury to his neck during the 2013 season.”